Republican presidential nominee Mitt Romney made at least $15 million on the auto bailout
- 10/18/2012
AMY GOODMAN: we turn to a major new exposé on the cover of The Nation magazine called "Mitt Romney’s Bailout Bonanza: How He Made Millions from the Rescue of Detroit. " Investigative reporter Greg Palast reveals how Republican presidential nominee Mitt Romney made at least $15 million on the auto bailout and that three of Romney’s top donors made more than $4 billion for their hedge funds from the bailout. Greg Palast, welcome back to Democracy Now! So, lay it out for us. GREG PALAST : Oh, it’s one of the creepiest stories I’ve investigated in a long time, Amy. Mitt Romney, through Ann Romney’s blind trust—not so blind, they could see exactly where the money was going—gave their money to Paul "The Vulture" Singer, a guy you and I have been following on Democracy Now! for five years. Singer, with two of his hedge fund buddies, bought up the auto parts division of General Motors for only 67 cents a share. They were able to...
Republican presidential nominee Mitt Romney made at least $15 million on the auto bailout
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